Los Angeles daily herald., 1887-01-22

but have not vet seenred 1t, sheuid da
- ut once. We hope tn issue tine
edition by the first pruximo-
n A. a~~sn~~ Pn<roxsua Ssrxm.r
Few CaIifornians whu haxe hvesf
over q decade In the Golden State esxn
have forgotten the pulsing tnfe al hfe
which vibrated alt over this Coast On
the occasion OF the discovery OF the
great bonanza In the CousulIdatEst
Virginia California mines tweIye
years ago. The WRITER In edmpany
with James e. Fair, MIR DeIafes-
heimer and MR. Sawyer the Iatrer
the correspondent of the New York
Hsrald,. was permitted to descend
into the mines ami lock at the
hole, NO larger than the eroSu on
an ordinary hat, which demau-
strated that the ore body ON
the 1850 foot level of ConsoIIfatHdf
Virginia extended into the CaIifuruiA
mine Outside OF the section boss
and the working shift. thus parity was
the first that saw Il development
which sent the stock of Consulifatest
Virginia up to- $50, and THAT on Cali
fernia up to $50, a share 1t Il
questionable whether the z;ImbIIug
delirium rhat followed the luuau1fe-
mert of this development dlE snv
good to- the State. 1T resHItEd IN Il
great deal of hectic prosperity uotE-
BILE Land marks IN which were the.
building Of the Nevada block the.
Safe Deposit Campanys bulii1ns-
the new Stock Exchange and the
Palace Hotel From Hs75 tn Hs117
these two mines each paId mourhiy
dividends OF III, ,Gsa.000- EVERY
thing for a time went neEnv
rs marriage bells. Iuthreeriy
the mining boom did g,1od tn Lns
Angeles and Southern GaIifarui1-
John p. Jones invessed of his millions
in eur midst. He bought n uhrae--
quarter interest In the sam Vicente
ranch and Iaid out, In euni iTInetIgn with
Col Baker, the pretty town of Sautu
Monica, built the Los Angeles. amt
Independence Railroad-ar least IitaI
portion of it which intervenes heEwesH
tn is city and the sex-sank Il million
dollars In Panamint, and n EIrye szIm
in KernvilIe- 1t WAS Is a resI1it at
tn is bonanza boom that Nr- T. j.
Baldwin made his financial appear
ance in Los Angeles county Bank
rup teies fnnumerIble, as we'll Is
colossal fortunes. accompanied ui1Is
phenomenal outpGuring OF 9ulG antf
silver minted dollars. 0n the whaIe
it is doubtful whether It's IRtfl1eness
Was of unmixed rood even TN the
Bay City, 1t undoubtedly led TN N
rapid and premature. increase IN
kQR 0l1IAlh- WAiEb ICctA41EtL III A1C
labor troubles and depressiou OF
1879 and subsequent wears These
two famous mines- alter haxIug
paid nearly eighty millians of dollars
In dividends, suspended their paw
ment in the spring of ISL
There exists at present I'M Sam
Francisco and Virginia Gfty ALL the
indicate ons of either sprightiv ds.EI
or the near approach to the deEEl0P-
ment OF new bonanza Mysterious
rumors of ore. strikes I'LL tine MIR
and, ii the newspapers are TN
be credited, evry slringer. OF ore
from Sierra Nevada to the Ratusi,
and down the Goid Hill slope tn tine
extreme southern end OF the l0sfes II
liable to swell up intn the dimensions
of n Consolidated Virginia tfnf=
while Floweny,. Anaies aEd afhes
Wild eats innumerable are disparrin.z
themselves very frisIsilv- T1 ufie
initiated we are being treated tn all
the Incidents either of q skill If1IIlv en-
xineered deal or OF II deveIopmet1h
OF course it is impossible To saw OF Il
lode which has aIresslfv urQII1e4sf
nearly five hundred millions Gf
minted dollars, that 1t hIs nesl1,iietf Trzs
perihelion-. The Crown Puinr Intf
Beleher bonanza WIS 50 EIr 1xersflzht-
owed by the Consolidated WIr.ziaia
and California deposits that there Ire
not wanting people OF average intel
hgenee who think that,. In the fiIturz,
even the. latter colossal 0urpu1ringS
may be discounted
Meanwhile, it is to be n0pesf tfi.Ef,,
il there. should prove to be anuafierI
mineral parturitinn al the Nexasf.s
mountains, the offspring ms1u he
more wisely direeted than ls,< hee.1
Ire czse I'm the past The 1srur.
child ID sHizf Ia dread the fire. md rhe
slEtine s.7nnslisn af znmbIinx Esx
~ fondly uruztu has besn gnEf1ezxnF
- an alnz of ahliniun mfu t11ml
wallet of TINA, naxsr auuin u zlIEuzx.
the eye Of thu sun1 eitin